BeeLz
Legacy Member
boozeke zei:En waarop basseert gij uw schuldenverhaal voor tottenham?
Artikel in the daily mail
Speaking to the London Stock Exchange following the publication of Spurs' half-year accounts to December 31, 2010. club chairman Daniel Levy admitted a a policy of streamlining the squad is likely to be undertaken in the summer.
'We have hosted one of the largest squads in the Premier League during this period,' he said in his chairman’s statement. 'It is important to create a healthy balance in any squad between competition for places and for players to play consistently.
'Whilst this large squad eased our progress in the Champions League, we shall continue to look to streamline our squad where appropriate.'
In an accompanying balance sheet, Levy reveals a startling reliance on Champions League revenue, despite this being their debut campaign.
Figures show Champions League-related income growth was £22.9million, much of which was spent on an increase in operating expenses (£12.9m). The attached summary stated the increase in 'operating expenses were due in main to the costs associated with large squad size.'
On top of the usual costs of running Tottenham as a business, the club splurged £40.7m in transfer and agents' fees, and recouped only minimal sums in return.

